Mitsubishi Motors Corporation is really a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker plus the sixteenth biggest worldwide by means of production. From October 2016 onwards, Mitsubishi is majority-owned by simply Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's minority 20% stake in Mitsubishi Engines, and the company ended up being originally formed in 1970 in the automotive division of Mitsubishi Weighty Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly a component of Mitsubishi Motors, but is now separate from Mitsubishi Motors, which builds commercial class trucks, buses and heavy structure equipment, and is owned by means of Daimler AG.
Mitsubishi's automotive origins date here we are at 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Design A, Japan's first series-production car. An entirely hand-built seven-seater sedan good Fiat Tipo 3, it proved expensive when compared to its American and American mass-produced rivals, and was discontinued in 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established with 1920 to manufacture aircraft engines along with other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the greatest private company in The japanese. MHI concentrated on production aircraft, ships, railroad cars and systems, but in 1937 produced the PX33, a prototype sedan for military use. It was the initial Japanese-built passenger car with full-time four-wheel drive, a technology the company would get back to almost fifty years later in its hunt for motorsport and sales achievements.
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Rigtht after the end of your second World War, the company returned to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled products vehicle called the Mizushima and a scooter called the Metallic Pigeon were also created. However, the zaibatsu (Japan's family-controlled business conglomerates) were ordered to be dismantled by the Allied powers in 1950, and Mitsubishi Heavy Industries was split into three regional companies, each with an involvement in motor vehicle development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries started importing the Henry J, an inexpensive American four door built by Kaiser Generators, in knockdown kit (CKD) style in 1951, and continued to bring these phones Japan for the remainder with the car's three-year production function. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (right now owned by Kaiser) regarding CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps inside production until 1998, thirty years after Willys on their own had replaced the design.
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By the start of the 1960s Japan's financial system was gearing up; wages were rising and thinking about family motoring was taking off. Central Japan Heavy-Industries, now known as Shin Mitsubishi Heavy-Industries, had already re-established an automotive department in it is headquarters in 1953. Now it was wanting to introduce the Mitsubishi 500, a mass market 4 door, to meet the completely new demand from consumers. It followed this in 1962 while using Minica kei car and the Colt 1000, the first of its Colt distinct family cars, in 1963. In 1964, Mitsubishi introduced its largest passenger sedan, the Mitsubishi Debonair to be a luxury car primarily for the Japanese market, and was used by simply senior Mitsubishi executives being a company car.West Japan Heavy-Industries (currently renamed Mitsubishi Shipbuilding & Executive) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) had also expanded their automotive departments from the 1950s, and the three were being re-integrated as Mitsubishi Heavy Industries in 1964. Within three years it's output was over seventy-five, 000 vehicles annually. Following the successful introduction on the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided the company should create a single operation to pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April 22, 1970 as a fully owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].
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The actual logo of three red-colored diamonds, shared with over forty other individuals within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by simply Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive in the emblem of the Tosa Family who first employed him or her, and because his individual family crest was a few rhombuses stacked atop 1 another. The name Mitsubishi can be a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Japoneses to denote a diamonds or rhombus).
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